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126th MAINE LEGISLATURE |
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LD 646 |
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LR 537(02) |
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An Act To Remove
the 100-megawatt Limit on Renewable Sources of Energy |
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Fiscal Note for
Bill as Amended by Committee Amendment " " |
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Committee: Energy, Utilities and Technology |
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Fiscal Note Required: Yes |
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Fiscal Note |
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Minor cost increase - Other Special Revenue Funds |
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Fiscal Detail
and Notes |
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The bill requires
the Public Utilities Commission (PUC) to implement a temporary alternative
renewable portfolio program directing investor-owned transmission and
distribution companies that elect to participate to enter into contracts
expiring December 31, 2017 for renewable energy credits. The PUC may adopt
routine technical rules to implement this program. This bill also removes the
100-megawatt maximum capacity limit for sources of electrical generation to
qualify as renewable resources to meet the State's renewable resource
portfolio requirement. Any additional costs to the PUC for engaging in these
activities are expected to be minor and can be absorbed within existing
budgeted resources. |
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